Economic Growth, Inflation and Portfolio Management
April 7, 2024 Update
First, the market. Looking at the NASDAQ weekly chart:
We are at the same levels we were at the end of February. The chart is still healthy from a mid-term perspective but is clearly showing signs of tiredness here, with the MACD indicator that looks ready for a bearish cross. Although volume has been below average in the last few weeks, the chart is suggesting caution.
The price of Oil popped up last week (+4.45%):
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